How do you fight against inflation?
Well, I have a set of answers that usually answered by people at my age.
"What is inflation?"
"So what? I don't care."
"I'm aware of it, but a few percent is too little to concern about it"
"Wow, my money is depreciating!" (but still do nothing about it)
So which answer closes to you? =p
Or maybe this?
Well, let me tell you my story.
At age 15, I started to know what is inflation.
But I said to myself: "Doesn't matter to me, since I got no money."
At age 18, I started to buy shares.
And I said to myself: "I have too little money to concern about inflation."
At age 21. I started to be unit trust consultant.
And I said to myself: "I'm not even working yet, where to find extra money?"
So now, I am 22 and I said to myself.
"It's time!"
But in fact, I've procrastinated for 7 years since 15 years old.
Did the inflation waits for me? No. =(
So last question for you.
It's time for you yet?
.jpg)
Economics a general increase in prices and fall in the purchasing value of money:
ReplyDeletepolicies aimed at controlling inflation
tax allowances and excise duties were increased in line with inflation
a reduction in annual inflation from 84 per cent to 7 per cent
[as modifier]:
high inflation rates
source - oxford online
i still don't get what's inflation LOL
Yes it does. Salary will never raise in par with inflation. Money is losing value.
ReplyDeleteWell, I think. I'm not gonna win that.. ha ha ha..
ReplyDeletelol. Inflation is just hard to face it. Everyone have that problem and it makes the poor getting poorer.
ReplyDeletemt
Meitzeu @ Facebook
Meitzeu @ Blogspot
Meitzeu @ Twitter
wah so deep punya post...Inflation affects everyone, it's just a matter of how you let it affect you. spend less, or more? :p
ReplyDeletePriscilla, inflation means that your money is depreciated. in other word, last time you could buy a cup of milo at RM1 but now u need RM2 to buy one. =)
ReplyDeleteSherrie Pui, well, perhaps time to think about investing with your savings. ;)
Aki, why not? just do the right investment. ;)
Meitzeu, yuppp. but at the same time, rich becomes richer, and that's because they know how to use well with their money. ;)
Choulyin, lol yeah, someone told me there are only two types of people do not get affected: the dead people and the crazy people. LOL
sadly salary rise never equates inflation. but i think we just have to cut our cloth accordingly and still enjoy life despite inflation:D
ReplyDelete